Dealing with Commercial Real Estate Law in Dallas
Buying, selling, and even using property are all subject to potentially complex real estate laws. When commercial real estate is involved, the laws are more complicated than those for residential real estate. Each Dallas commercial real estate attorney from Ramirez & Associates understands the state and local laws and keeps detailed records to ensure all issues are handled in accordance with state real estate law guidelines and regulations.
Texas commercial real estate law
Texas commercial real estate laws are compounded by regional laws throughout the state. This is why, if you own or plan to buy or sell a piece of real estate in the nearby area, it makes sense to retain a commercial real estate lawyer in Dallas.
The following are just a few of the countless legal issues that require the skills of an experienced commercial real estate attorney:
- Purchasing property: State law can hold a purchaser liable for such items as unsafe structural injuries or environmental hazards that later cause injury or illness. During mortgage financing negotiations, sellers may attempt to assign liability to buyers for various issues while maintaining control over how the property can be used. Additionally, local zoning requirements must be reviewed to ensure the buyer is permitted to run its type of business on the property, and a host of other issues must be resolved to properly protect the buyer. The Dallas commercial real estate law firm you choose must be involved in every negotiation to protect buyers from undue future risk.
- Leasing property: A standard lease agreement seldom satisfies the needs of a company that leases commercial property. Issues include anything from who is responsible for property maintenance to how the property is to be used. It is very important that an experienced commercial real estate lawyer be involved in reviewing and revising the lease agreement to protect the ability of a company to use the property for its intended business.
- Construction: A Dallas commercial real estate lawyer is essential when determining whether businesses can make needed changes to purchased property. In addition to Texas state laws, Dallas has its own land use laws that might restrict a company from making the changes vital to ensuring the property will be legally acceptable for its intended use.
- Eminent Domain issues: The Texas Landowners Bill of Rights sets forth the rules governing when your property can be taken for public use under Eminent Domain. Losing commercial property under this law is especially complicated and expensive to businesses. To protect your interests and ensure you achieve a fair settlement when Eminent Domain is valid, you need an experienced commercial real estate law firm in Dallas by your side. The attorneys at Ramirez & Associates devote a large part of their practice to eminent domain cases.